The city of Houston expects to wrap up negotiations early next year with a China-based airport equipment manufacturer to build a new facility near George Bush Intercontinental Airport, a city official said.
An agreement with CIMC-Tianda Airport Support Ltd. could be formally signed as early as January to create the about 100,000-square-foot facility, said Andy Icken, city of Houston’s chief development officer. A memorandum of understanding is already in place after the city and other officials visited China between Dec. 2-9.
Terms of the deal were not disclosed, but the facility could add around 80 jobs in the Houston area.
Click to read more at Houston Business Journal.